SA payments startup Yoco to expand across Africa

South African payments startup Yoco is to launch in test markets in East and West Africa by the end of next year on the back of strong growth at home and a Series A funding round.

Launched in 2015, Yoco enables SMEs to accept card payments and provides card readers, and free point-of-sale and business intelligence tools to more than 10,000 South African small businesses, a landmark it reached this month.